Warwick Country Club Inc

“The organization has members who elect the members of the governing body, and who approve significant decisions of the governing body.”

“A nominating committee is elected annually by the board of governors. The nominating committee makes nominations annually for members of the board of governors and biannually for officers, at least three weeks prior to the annual meeting. Nominations may also be made by voting members of the organization. At the annual meeting, the voting members of the organization elect the officers and required number of members of the board of governors.”

“Any changes to the organization's bylaws must be approved by a majority of the voting members. In addition, any significant improvements to the clubhouse or grounds must be approved by the voting members of the organization. Finally, as explained for part vi, line 7a, the voting members of the organization elect the members of the board of governors, as well as the officers of the board.”

“The organization's form 990 is reviewed by the club controller and treasurer prior to its filing with the irs.”

“While the organization does not maintain a written conflict of interest policy, a resolution was passed permitting members an opportunity to bid on contracts with the organization. When this occurs, bids are also obtained from other vendors. The organization selects bids based on what agreement best serves its need, without regard to who the bid is from. As of the filing of this return, the organization is making efforts to establish a formal written conflict of interest policy.”

“For the organization's four managers (general manager, controller, golf course superintendent, and golf professional), the process of determining compensation is done at the board of governors level. The general manager the golf professional, and the golf course superintendent have contracts with compensation levels negotiated for the specific year of the contract. They receive annual performance reviews from the specific governors they report to as well as from the officers of the board of governors. The controller is not a contractual employee, but considered equal with the other three professionals. As such, the controller receives an annual performance review by the officer of the board of governor they report to, at which time any adjustments to compensation amounts are made. All adjustments to compensation for the management team must be approved by the board of governors when the final budget is voted on.”

“For all other employees, annual performance evaluations are done by the manager the employee reports to. The manager makes any recommendations for compensation adjustments of these employees to the board of governors, who is responsible for approval.”

“The organization's governing documents are available upon written request, by appointment only. The organization's governing documents and financial statements are available to members at all times and to the public upon written request.”

“Golf - to provide members with state-of-the-art golfing facilities.”

“Cost of goods sold - food & beverage 2,391,826 cost of goods sold - food & beverage -2,391,826 book / tax depreciation difference 80,075 total 80,075”